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5. �LD BUSINESS (ConV d <br />are d veloped. If it appears that three words are better <br />than two, we will recommend the proper name. The Mayor <br />has tie final approval. A brief discussion followed. <br />On mo ion by Mr. Wiggins, seconded by Rev. Williams and <br />unani ously carried, it was recommended the name for the <br />Mall a changed to read: "RIVERBEND PLAZA." <br />- ownership of St. Jose h Street: A brief dis- <br />cussi n was held on the status of Main Street, Michigan <br />Street and St. Joseph Street as to the ownership. <br />c. Sidewalk Snow Removal: A brief discussion was <br />also held concerning sidewalk snow removal. <br />6. INEW BUSINESS <br />ST. JOSEPH STREET <br />OWNERSHIP, R -66 <br />a. Preliminary Loan Notes: Bid opening was held PRELIMINARY LOAN NOTES <br />at 1:00 pm., E.S.T., January 2, 1974, for the Central Down- AWARDED T0: BANKERS <br />town Renewal Project, R -66, First Series, 1974, for the amount TRYST COMPANY, N.Y., <br />of $1o,000,000.00. The bidders were: <br />Bidd6r's Name and Address <br />Bankers Trust Company <br />Bank of America, N.T. & S.A. <br />16 Wall Street <br />New York, N.Y. 10015 <br />(�or Notes 1 thru 72, <br />otalling $5 Million) <br />Bank rs Trust Company <br />Bank of America, N.T. & S.A. <br />(�or Notes 1 thru 72, <br />otallinq $5 Million <br />Chemical Bank <br />Municipal Bond Department <br />20 Pine Street <br />New York, N.Y. 10005 <br />The First National Bank <br />of Chicago, One First Na- <br />tional Plaza, Chicago, <br />IL 60670 <br />Int. Rate Premium <br />4.08% <br />4.08% <br />4.12% <br />Continental Illinois National Bank & 4.13% <br />Trust Company of Chicago <br />231 South LaSalle Street <br />Chi ago, IL 60693 <br />$ 402.00 <br />402.00 <br />7.00 <br />11.00 <br />